Flash ReportAscena Retail Group Announces Closure of Dressbarn, Eliminating its Value Fashion Segment Coresight Research May 23, 2019 Executive SummaryOn May 20, 2019, Ascena Retail Group announced the closure of its Dressbarn business. Dressbarn, a value fashion chain, operated 674 stores at the end of 2Q19. Dressbarn stores accounted for 15% of Ascena Retail Group’s total portfolio of 4,486 stores. In May 2019, Ascena Retail Group completed the sale of Maurices, its other value fashion brand, which had 943 stores. The Maurices transaction was valued at $300 million. Coresight Research’s tracks news about store closures, openings and bankruptcies in the US and the UK. Our Weekly Store Tracker focuses on department stores and specialty retail stores, including, but not limited to, those selling softlines, hardlines, consumer electronics, groceries and furniture. Click here to view our collection of store trackers. Please Login to read the full report. Not a member? To access this content for free, register for a free account. This document was generated for Other research you may be interested in: Holiday 2025 Survey Insights: Shopping Continues To Accelerate as the Homestretch ApproachesConsumer Sentiment Peaks Ahead of Singles’ Day—Then Stabilizes: China Consumer Survey InsightsInflation Up, Sentiment Down: Alarm Bells for the US Consumer Economy?April 2025 US Retail Sales Outlook: Lowering Near-Term Growth Projections Amid Volatility and Uncertainty
